A critical Analysis of the future of Green Cars' market in Singapore

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Acknowledgement

I would like to take this chance for thanking my research facilitator, friends & family for the support they provided & their belief in me as well as guidance they provided without which I would have never been able to do this research.

DECLARATION

I, (Your name), would like to declare that all contents included in this dissertation stand for my individual work without any aid, & this dissertation has not been submitted for any examination at academic as well as professional level previously. It is also representing my very own views & not essentially which are associated with university.

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Abstract

In this study we try to explore the concept of Green Cars in a holistic context. The main focus of the research is on alternative fuels and its relation with environmentally friendly devices and equipment. The research also analyzes many aspects of environmental concerns and tries to gauge its effect on the future of green cars in Singapore. Finally the research describes various factors which are responsible for going green and tries to describe the overall consequence on modern cars.

Chapter 1: Introduction

Background of the Research

The extensive use of technology distinguishes the activities of humans and their civilization from other living organisms. Technologies are composed of the tools that human beings use to transform their environment from those factors that shape their social organization, like markets and financial instruments, to the products they produce and use, such as automobiles, and computers. Although technology has improved human living standards over time (some more than others), it is also implicated in the deterioration of ecosystems, including many of those on which human civilization is dependent. Throughout history, human beings have degraded the environment by adding carbon into the atmosphere, damming a major river, or releasing industrial chemicals into the soil and the evolution of human technologies that raised the potential for increasingly destructive human relationships to the environment. As the human-environment relationship evolves toward greener values and practices, technologies can have the potential to be harnessed to make that relationship more sustainable. Green technology describes those technologies applied to environmental problems or technologies that are more environmentally benign than conventional ones. The term itself is very broad, describing an array of technologies from those dealing with water treatment and purification, to those related to energy efficiency, renewable energy generation and storage (Room 2004, 90-116)

Green technologies are often referred to as clean technologies that mean technologies that strive to use or generate renewable energy, reduce resource or raw material use, and eliminate toxic materials and waste streams and reduce air pollution by means of adopting alternatives to conventional fuels. In this regard, many countries including Singapore have taken considerable steps to contain environmental degradation and resource depletion. In an attempt to achieve clean air standards Singapore has reached a generation that dates back to 1960, with its strong industrialization and urbanization projects and with this rapid industrialization, environmental pollution grew as well (Savage ...